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. maybe this shows it is very positive from the standpoint of the economy, if you use dynamic scoring. if you use statics deploring it is not and cannot so well. -- static scoring it is not going to come out so well. i have a question for the other witness. you said this in your statement tionhis is aasnab. the obvious question is whether or not there are sufficient jobs for average americans and illegal immigrants. the answer is no. >> as i indicated to us recently. latere have a participation rate we have a supply of low-skilled labor. it appears that what do is leapfrogging those individuals. we have millions upon millions of americans, not just black americans, but millions upon millions who do not have a job right now. i think it is a good idea to inform -- to reform immigration system but regard must be given to the fact that we have an over abundance of people not working today. we are at rates we have not sn in 80, 75 years. it is astonishing. if we have regularize asian of a greater pool of individuals who can compete on a one by one basis with americans here today those indi
includes a substantial drop we experienced with the recession in 2008 and 2009 and a fairly week economy since then. it says that people do value hard copy correspondence from businesses. they want that information in hard copy and they're resisting the idea of going totally digital. we've heard of people that did do that and either piss manied a payment or got nervous and said hey, start those bills back up again. don't write the obituary for first class mail. it accounts for $28 billion of revenue for the postal service today and i guarantee you it's the going to be around for a long while. the most promising part of our business in terms of growth is package delivery, which is up ricin threat. mail got delivered. you saw what happened with hurricane sandy, the mail got delivered. day in and day out, do an excellent job and the postal service plays an important role in the american economy but today it has a business model that is broken. the good thus -- news is that it can be fixed. it requires we ask fundamental questions about what kind of postal service is best for america in the
economy looks like. and as life changes, fidelity can help you readjust your investments along the way. refocus as careers change and kids and head off to college. and rebuild your plan. wherever you are today, fidelity's guidance can help you refine your personal economy. turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? and now bbc world news america. world newsbbc america. reportingrong am katty kay. they hav endured. residents of boston have been warned not to go outside as police search for the suspect in the boston marathon bombing. the father of the boys defenses son -- his sons. >> only god almighty knows what really happens. >> we still do not know what motivated the attack. did the brothers of the lawn or is it part of a wider terror -- did the brothers act on their own, or is it part of a wider terror plot? we talk to the man in charge of homelan
rights prevail our countries where people do better, economies thrive, rule of law is stronger, governments are more effective and more responsive, and they are countries that lead on the world stage and project stability across their regions. strong respect for human rights isn't merely an indicator that a country is likely doing well. it actually unleashes a countries potential, and it helps to advance growth and progress. so i ask you just to think of the country like burma for a minute. because of steps towards democratic reform and stronger human rights protections, a country that had been isolated for years is now making progress. as it reached where we wanted to be? know, but it's on the road. it's moving. and more people are contributed economy and participating in the government, leading toasr growth andnt. and by starting to embrace universal rights, the burmese government has opened the doors to a stronger partnership with their neighborhood and with countries around the world. many challenges remain. corruption has to be rooted out. remaining political prisoners nee
to securing our borders, just starting our economy, and ensuring for access to that great american dream. the current status quo on immigration makes no sense. we turn away people from entering the country who could create thousands of jobs and let in people crossing our borders who take away jobs. our approach is balanced. the border security triggers are strong, but achievable. the path to citizenship is tough, but it is accessible. yes, our bill does secure the border first, but it treats the situation of those living in the shadows as an equally urgent priority. this is by design. we believe that americans will support sensible solutions to dealing with the undocumented and future legal immigrants, but only if they are convinced there will not be future waves of illegal immigrants. when the 11 million come out of the shadows and it will not only improve their lives and their families' lives, it will strengthen our country and its economies. in fact, conservative economist douglas holtz eakin has found that immigration reform will save taxpayers $2.7 trillion. we wanted this legislati
say that the last ten years has been very bad for the economy. we've lost a lot of valuable resources and a lot of the momentum that we've had on. before, we had open markets and entrepreneurship and that's what helped china succeed. we have to go back to market forces as well as fight construction. >> so juan nubol there talking about the last decade. he was the guy that tried to buy 300 kilometers of ice and is we'll talk about that a little later, as well. clear now there is a hope for reform. i'm pleased to say kung mingh, the founder of lenovo who bought the business from ibm, he explained to eunice what he wanted from private reform to help private business in the country. >> translator: my view is that the chinese government should adopt a more systemic and comprehensive approach, for example, how to escape a better sense of reform in this country so that the public will have more confidence in ensuring the culture of mutual trust can be established. >> what's interesting is that this group, also becoming more influential in political circles. we'll hear a little later from the
francisco, oakland, seattle, and tacoma combined, upon which a bulk of the u.s. economy relies. we must strengthen recovery in the event of a biological attack, which is still the most worrying threat out there. we need to make sure that the public understands the nature of these threats and how it can help identify and respond to them. above all, it needs to understand how not to respond to them. when bad things happen, it's easy to react out of fear, emotion and anger. let's hope that in boston this week we begin to chart a different course. for more on this, you can read my column in a special edition of "time" magazine on the tragedy in boston. let's get started. >>> joining me now the man who runs the biggest police force in america and one of the country's best intelligence divisions, ray kelly, the commissioner of new york. what do you have to tell us in the aftermath of this? is there a heightened sense of danger? are you seeing threats proliferate? >> no, we haven't seen an increase in threats, but our operating assumption is that we're always at risk. we're a city that obvious
're going to talk markets, the economy and much, much more. stay tuned for that and a lot more. >>> welcome back. now to the markets. it's going to be a big weekend ahead. joining us, lou brian. lou, place your betts. more likely up or down for the dow this week? well, you know what? i tend to look technically at the s&p instead of the dow. >> how about the s&p? it's a broader market index, even better. >> all right. i think that the interesting thing is that where the s&p held last week, this 1540 is a mark that held in march and early april and, again, last week, we went just a little below it. also in play around that level is the 50-day moving average which held the market a couple of times. if you're looking to get long on a tray, that's not a bed level because you kind of know where you're wrong when it goes underneath that. i think the interesting thing with the stock market is that it's really the only market right now that's playing along with the fed's qe brochure. don't fight the fed. buy on fed accommodation. the crude oil, the gold, copper, various commodities are lower since t
$100, and in september of 2011, copper price a reflection of the week call for the global economy, china news earlier this week, bearish, copper prices down 6%. if you're looking for gains, the agricultural sector saw some, and, and natural gas of 4 present. and someone you did the action in today's session. and $100 from the close of around $400 a troy ounce. and gold will average 1450 a troy ounce, in 2014. we also see reports of stronger jewelry demand, gold has come down significantly, some buyers stepping in at these levels and copper falling out of favor of this week on weaker reports out of china and also copper is down 6%. lots of volatility, wrapping up the week more muted reaction. melissa: let's check the markets and go to the stock exchange. lauren simonetti is standing by. >> the volatility sandra is talking about is the volatility we are seeing here on wall street. what a week. the dow can't seem to stay or get into the positive at this hour but the nasdaq and the s&p are higher, this has been the worst week of the year for all three major averages, the worst week si
workers is significant in our stagnant economy. the unemployment rate for blacks without a high school diploma was 12 percent, today, it's more than doubled, to 24.6%. now, that clearly shows that we have an oversupply of low skilled labor relative to the -- that is for workers in all such classes, particularly black americans, because research shows that 40 percent of the 18-point percentage decline in the employment rates of black males is attributable to illegal immigration. that's hundreds of thousands of blacks without jobs. it translates to hundreds of thousands who can't pay taxes, who don't support their families on their own dime. the evidence also indicated that in addition to the pressing wage -- sorry, employment levels, illegal immigration drove down wage levels, by the federal reserve bank of atlanta, for example, showed that illegal immigration, and the spike in illegal immigration, was attributable to the nearly $960 per year decrease in wage levels of documented georgians. and the leisure and hospitality industries, it was $1520. for doctors and lawyers, $960 may not b
on the economy. people are eliminating chicken and duck from their diet. this is causing serious damage to the poultry industry. >>> city restaurants are losing a lot of money as many kmern vs. stopped ordering poultry fishes. orders have dropped off almost 50%. >> we're very concerned about the damage caused by unfounded rumors. it's a very serious situation for us. >> shoppers are also buying less poultry, both processed and unprocessed. so prices are falling. they're down by 20 to 30% since the first flu case was reported in beijing. and the price of eggs has also fallen by as much as 30%. >> translator: for the good of my health, i'm trying not to eat chicken. >> translator: i don't know how long this situation will last, but i'm really concerned. >> the spreading disease is having an impact on people's daily living. some are taking their own preventive measures. this man works for a company in beijing. he began washing his hands more often, and gargling every morning and evening. helies with his wife and daughter. among them, they keep more than 50 medical masks. >> translator: i a
and pursuing the comgo f overyears, fidelity investments, union bank, your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan. rethink and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented >> bbc world news was presented by kcet, - hi, neighbor! today at school, we're choosing something new for the playground! swings or slide! they're both fun to play on! and then, we get to choose a new class pet! be right back. is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and he arthur vining davis foundations. dedicated to sengthening america's future through education. adcasting
to boosting the economy and creating jobs, gop leaders have stuck to one solution. cut spending. >> it's time to cut spending. >> try and reduce the level of spending here in washington. >> our goal here is to cut spending. >> the sequester, it does cut spendi ing spending. >> cut spending. oh, sure, that'll fix everything, right? wrong. president obama repeatedly warned that last month's automatic budget cuts would hurt our economy and slow down our recovery. >> my budget also replaces the foolish across the board spending cuts that are already hurting our economy. >> but speaker boehner, majority leader cantor, and the other far right wingers wouldn't budge. and now the cuts are hurting air travelers. the faa has been forced to slash hours for 47,000 employees. including 15,000 air traffic controllers. and we're seeing airport delays all across the country. surely boehner and cantor are -- would be flying high. after all, they got those spending cuts they wanted to badly, didn't they? not quite. instead, they're still on the attack against the president. pushing the twitter hashtag obama fl
strong human rights prevail are countries where people do better. economies thrive, rule of law are stronger, governments are more effective and they are countries that leade wod stage and project stability across their regions. strong respect for human rights isn't just an indicator that a country is doing well, it unleashes a country's potential and helps to advance growth and progress. i ask you to think of a country like berma for a minute. cause of steps towards democratic reform and stronger human rights protections a country that has been isolated for years is now making progress. has it reach wrd we want it to be? no but it is on the road and it is moving. more people are participating it ding to faster growth and development. by starting to embrace universal rights the bermese government is opening their doors and developing stronger partnerships around the world. many challenges remain, corruption has to be rooted out. political prisoners need to be freed. horrible mob violence is another stressing reminder on how long it takes to build what is called the habits of the
. that will be the biggest day for me because they're the big indicators of how the global economy is doing overall. speaking of the global economy, caterpillar if this was clearly a disappointment and the guidance was disappointment and they telegraphed it a little and the stock's been up and the dow this morning and the two things here, number one, he's coming on and talking about stability and that's the key word on our air on cnbc and a lot of people have noted the drop in mining. mining was down 25%. sales in the mining division, second most important was down 25%. i think a lot of people have got that already set up. remember, this is heavily shorted stock and it was $100 two months ago and it's $80 today and a lot of people anticipated what's going on. let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.
: you can come here and help us understand the economy for start starters. >> yeah, that would be fun. that would be fun. >> rose: thank you, congratulations. >> well thanks for having me on. >> rose: rick levin. 20 years, 1993 to 2013 as president of yale university came and yale was not in great shape, he leaves it in fantastic shape. thank you for joining us. see you next time. . >> this is "nightly business report," brought to on you by thestreet.com. multi-media tools for an ever changing financial world. real money helps you think through ideas for investing and trading stocks. action alerts plus is a charitable portfolio that provides trade by trade strategies. online, mobile, social media, we are thestreet.com. a big win for netflix, the stock soaring more than 20% after hours on a strong earnings report. but a big miss for caterpillars they fall short of estimates and the ceo talks about the health of the global economy. and cracked foundation, is the shortage of homes for sale creating a speed bump for the recovery. >>> good everyone, it was a strong earning report late in t
on "starting point." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> welcome back to "starting point," "minding your business" this morning. stock futures pointing to higher open. it would be a rebound from big losses last week. dow up and opens for real in two hours. $333 million. that's one estimate of how much it cost to shut down boston for the die. the area produces $325 billion worth of goods and services every year. that's a little less than a billion dollars a day. the ninth largest gdp in the country and friday everything stopped. businesses, public transit, colleges, shopping centers shut. now many people were at home. but others could
the economy grow and create jobs, protect the middle class, and protect seen yours. the president is engaged in a process with lawmakers where he's trying to find commonground to see if commonground exists with republicans around the basic principle to reduce the budget in a balanced way, and he's put forward a plan that would do that eliminating the sequester in the process. when it comes to delays, though, congress has to act in order to avert delays. >> prioritizing spending under the faa, but you want the sequester to inflict maximum -- >> since we did everything we could to avert the sequester, and, unfortunately, the republicans decided as a political matter it was a home run for them to inflick this upon the american people, i think that suggestion just doesn't hold water. secondly, the faa did take action, all the action it could under the law to produce savings and avoid furloughs up until this point where because of the nature of their budget and the personnel heavy nature of their operation furloughs are the only option available to the faa at this time. again, if congress wants t
economy work and define those things that are going to lead our country forward. it is a privilege to be here with you talking about ideas from the working families flexibility act that you are working hard on and i'm a proud co-sponsor but also ways we are going to find solutions for people across this country who are raising families, trying to pay for college trying to pay the energy bill for the month. mr. gardner: we have an incredible opportunity to get government out of the way and let america work, to unleash the entrepreneurs around this great nation over the past several months over the past couple of years, we have held dozens of town meetings, whether they are in southeastern colorado, northeastern colorado, the denver metro area, the new parts of my district, talking to families, talking to people who are struggling to make ends meet. people who have had to pick up a second job just to pay the bills. and as we talk tonight about making life work and i believe #makinglifework and i would like to hear from people around the country how we an help be a part of these solut
. indeed, our affordable universal service is crucial to the american economy and to american businesses that generate 95% of all mail. my written testimony offers a comprehensive set of options to restore the postal service to solvency. this morning i will cover, this afternoon i will cover the issues you specifically asked me to address in your invitation. on cost savings, the nalc and the other postal unions have contributed billions in savings through collective bargaining. that process concluded for just 12 weeks ago. the new nalc contract emerged from interest arbitration that focused on the financial condition of the postal service that led to award if you want to provide postal service with huge savings in the years to come. as we did during the great recession when we worked tirelessly with management to adjust routes to respond to mail voe' done, more must be done and congresseeds to do its part as well. i will highlight two cost reforms from the written testimony. first congress should repeal or dramatically reduce the retiree health prefunding mandate that caused over 80% of
are characterizing this as a real threat to kill people, hurt economy.and a threat to the you know, they are cautious in saying that this was an imminent threat but it was not an aimminent but no less a very real threat. what's interesting here, jake, is they refused to release any information regard the search warrants. i tell you they have a good handful of plots under surveillance right now, and i've been briefed on a few of them. what they do is they continue from the very instant they seize on communication or anything that is suspicious, they then start to try and gain the authority to be able to bug their mobile phones, bug their homes, do whatever they need to do to keep the public safe. it seems to be what's happened at this point in time. they still say that the searches -- that the execution of those search warrants is ongoing, which is key what they find there. will they find explosives, the beginnings of a bomb, or will they find more stuff on computer hard drives, phone calls in question, things like that which would make the plot more aspirational. the other thing is, jake, they said t
and schools all shut down bringing the economy to a stand still. we are told that the boston red sox game is back on with the kansas city royalless. the boston brupins cancelled last night continues today. they love sports. they just root for the wrong team but love sports. rudy guiliani is a yankees fan and knows about dealing with post crisis. we were talking about cost of the freedom. you had a longer lag with the search for victims and answers and it went on and on . i don't want to be a doomsdayer on this, mayor, and it seems like we are sort of jumping to conclusion, and problems solve would and you know what i mean? >> i have to remind people, september 11th. fich or six months lasting and then anthrax. it hit abc, fox, governor's office and mayor's office and it was a massive catras trophy because the country was not ready for that kind of analysis and we had hundreds of complaints of anthrax and have to wait three weeks to get it cleared so that business was in jeopardy for three weekings. >> to say nothing like manhattan being a crime scene. >> and the f.b.i. never found the peo
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we showed you this at the top of the hour, fenway park. this is one of the most visible signs that boston is beginning to heal. right now, fenway park is alive with red sox fans cheering on their home team and their hometown. the world is cheering on boston and the red sox. poppy harlow joins me live at the ballpark. poppy, would i want to be the team that beats boston now? >> reporter: i do not think you would, don. all is fair in love and war in professional sports i suppose, but i don't know, this is a city, a country rooting for the boston red sox. this is the first home game since the bombing at the monday marathon. they have a tradition of having a morning home game before the marathon on monday and then running the marathon. and it is this entire citywide celebration. this is the first time back at fenway. want to show you this poster. people walking in holding this, boston strong. and you see from the video all of the people extremely excited and proud to be bostonians. special ceremony
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in setting up obamacare. why didn't they, john? it is their law. >> it is 1/6 of the economy and it has a lot of moving parts and frankly i think we reached the point where bureaucratic government, 20th century style can handle something this complex without proper price signals and proper market signals. the health care industry is a mess. half of it is paid are by the government. they set prices for the other half which is privately managed. i don't think it works, health savings accounts and health plans and extending people a lifeline if they get really seriously sick the we need to send market signals. right now this thing is a train wreck and there is nothing --. bill: that is your solution. what's theirs? >> their solution is we should trust them to make it work. and maybe after a few years it will work but right now everybody is confused. and of course the problem with these democrats foresee is the 2014 midterm elections are coming and if obamacare isn't perceived as working, people are going to say, i'm upset. i'm mad. remember, president obama promised americans, if you like your h
irrelevant here. we'll have that next. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. see lioutdoors, or in.ight. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive lenses. experience life well lit. ask which transitions adaptive lens is best for you. to your table for a limited time! it's our seafood dinner for two for just 25 dollars! a handcrafted seafood feast made to share. first you each get salad and unlimited cheddar bay biscuits. then choose two from a wide variety of chef-inspired entrées like our new honey garlic crispy shrimp or new seafood lover's linguini. round out your seafood dinner with your choice of either an appetizer or dessert to share! don't miss our seafood dinner for two, just $25 at red lobster, where we sea food differently. all stations come over todinner mithis is for re
that if this had dragged on, a pal would weigh on the economy. what do you think about the markets? >> i think the market had a predictable bump based not so much on the terrorist attacks in boston, but as you say, neil, on some disappointing earnings and some earnings that top line growing from business standpoint were somewhere less than expected. >> neil: it was punctuated by things looked good, then the markets moved up a little bit. when they seemed to be getting worse, a manhunt going on, market looked worse. this wasn't the dominating the theme but it did punctuate the week. what now? >> i think now we return to a fundamental reflection of where the u.s. economy is, where u.s. companies are both from a domestic and from a global standpoint. when you look around the world, neil, america looks like the place investment dollars want to be. if you take a lesson, take a cue from what happened after the attack in new york on 9/11, we had a rocky start. the market performed over the course of the next 12 months beautifully. >> neil: four trading days we lost? >> we had some tough days after th
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today. >>> i'm wolf blitzer reporting live from boston. fredricka whitfield is joining us from the cnn center in atlanta. we have new information we're watching right now. we want to share with you about the boston marathon bombing investigation. cnn can exclusively reveal that the alleged bomber tamerlan tsarnaev had video of a known jihadist on his personal youtube channel. the video is of a man named abu dujana. he was killed by russian forced last december. he died in the capital of dagestan, which is in russia, where tamerlan's father currently lives and where tamerlan spent at least some time, maybe six months, if not more, in 2012. cnn cannot confirm that tamerlan and abu dujana actually met in pakistan. the video had been deleted from tamerlan's youtube account but was tracked down by cnn. here's the latest information on tamerl
by a saggy economy, energy blackouts, and frustration from his labor union base. fewer than 900,000 signatures were needed to launch the recall. it took only 65 signatures and $3,500 to get on the ballot. aside from the two candidates a cast of more than 100 characters ended up on the ballot from the famous arnold schwarzenegger arianna huffington, and larry flynt, to the onabsurd. a primary system that now rewards the top two vote getters regardless of party, and taking responsibility for drawing district boundaries away from lawmakers and giving it to state -- senator's panel. joining me now is joe garofoli. welcome back into "the war room." >> i object to calling gary coleman absurd. >> michael: yeah you could have said what are you walking about? how did this turn into this major recall. >> there was a very low turnout for the previous election very nasty where gray davis was up for reelection so the bar was low to have a recall. you had the energy crisis people thought davis bungled it he passed a vehicle license fee to raise money, because the economy w
with ink from chase. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tlont is eviden tonight there is growing evidence that the older brother tamerlan was the leader. briern todd is "out front" live in boston right now. you have information on the visit which was bizarre by the accounts of everyone who was there that day, right? >> reporter: sure was, erin. it was actually the second outburst he had in a couple of months. officials at that mosque are telling us the first came in november when he confronted someone during a service, someone speaking at the mosque. that confrontation was not as clear and not as inflammatory as the one that came in january. this is january 18th on a friday. this was right around the time of the martin luther king holiday. officials at that mosque, the islamic society of boston tell us at that time someone was giving a sermon at the mosque and extolling the virtues of martin luther king junior and saying that mohammad and king were men people should emulate and that was too much for tamer
. al, what do you make of that? we were given that they were at least clawing back. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, f most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there is still a foreclosure crisis going on, unemployment is still high we have not by any stretch of the imagination seeing what seem people call a recery. neil: we're well off the matt from lows. any trend or any improving trend looks good. when it is disrupted we feel bad. >> no, but i think that al's comment, ner as good as they say it is but never as bad, whole market has been en few fuego, have a tried to get a motorrage lately. -- mortgage lately. i tell you, they are not lending credit, and demand is not there for creditworthy borrows either, because people are not making more money, and businesses are not hiring. neil: tomorrow, you are jumping gun we talking about proctologists who offer mortgages. >> i
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back to our special edition of newsroom. i'm wolf blitzer reporting live from boston. people are returning to work this morning, buses are back in service, the trains are running. and as you look around the city, there is -- everybody is beginning to get strong. in fact there is a notion of boston strong. you see the signs all over the place. just last night, major league baseball, players association for boston red sox management, they announced they would donate at least $600,000, maybe $700,000, to assist victims and families affected by the bombings at the end of the boston marathon. dzhokhar tsarnaev could be charged today for his alleged role in the bombings. and actions afterwards. justice department officials tell cnn he'll likely face federal terrorism charges, possibly state murder charges, as well. our senior legal analyst jeffrey toobin is joining us to give us perspective. labels tsarnaev as an enemy combatant, what would that mean if that were
, engineers, whatever, are able to get her because they have the skills the american economy needs. jon: well as this bill moves through the senate and on into the house, presumably we will continue to follow it here on fox. karl rove, thank you. >> you bet, jon. jenna: the case against the boston marathon bombing suspect, why there are growing calls to be treated as a so-called enemy combatant. there are arguments for both sides. we'll break it down. new calls on chechen terror groups including past attacks like this one in a moscow theater more than 10 years ago. a brutal, brutal attack that got worldwide attention. there are questions surfacing today, how the groups may have influenced the boston suspects if at all. what you need it know, next. [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the deliciousness you desire. the brownie of your dreams is now deliciously real. jenna: right now a whole lot of legal questions surrounding the marathon legal attack and case against suspect dzhokhar tsarnaev will play out. a growing number of lawmakers are calling for him
get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ >>> welcome back to a special edition of "newsroom," live from boston. i'm wolf blitzer reporting. today, the fbi faces a grilling on capitol hill over the boston bombings, lawmakers want to know if the agency missed vital clues two years ago. that's when agents interviewed the older suspect, tamerlan tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be
companies to places beyond it. siemens. answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. introducing bbm video with screen share. hey aleigh. hey! carol! update on 171 woodward..... let's other people see what's on your screen. and these are the material studies. the dog was my suggestion. aleigh. aleigh! it's great. but i'm on vacation for another week, remember? oh, right! i'll call you tomorrow! ok. but don't. carol? the blackberry z10 with screen share. powerful communication on the powerful network. verizon. [ male announcer ] purpose elevates what we do. raises it to a more meaningful place. makes us live what we do, love what we do and fills our work with rewarding possibility. aarp connects you to a community of experienced workers and has tools to help you find what you're good at. an ally for real possibilities. aarp. go to aarp.org/possibilities. >>> joining me now house homeland security chairman michael mccaul. thank you for being here this morning. i want to talk first about this letter you h
the city hostage. stop the economy of the city. look at what happened on friday, the whole city was on lockdown, no businesses open, no one was leaving their homes. it's about stopping the economy of america. we got to stop that. we got to move forward. we're a much stronger city than they want us to be. we'll be even better as we move forward. it frustrates me that we have these events going on in our country. americans have to wake up. we have the fear of terrorism. our lives are changed forever. >> let me ask you more about that lockdown, because some have suggested that it was an overreaction to lock down the city, are you convinced it was necessary? >> at the time the decision was made, it sure was. i had information that there were other things going on during the decision that was made. i agree with that decision at the time, because of the information we had. at that time, we found a pipe bomb in another location in the city of boston. and another individual was taken into custody in another location. so, to bring -- to have clarity of this situation, we brought people t
the u.s. economy is going to be 3% larger. bad news is nothing's changed other than the way we calculate the size of the u.s. economy. >> oh, my goodness. >> great. >> thanks for being here. you added a lot. mika, thank you so much. mika, you're going to try to make the jump? >> no. well, maybe. we'll see. >> maybe the surface. we'll see. >> i like the surface. using it to cover myself. >> a.j., phone home. it's way too early, what time is it, mike? >> it's time for "morning joe." right now other than a.j. clementi's first day on the job, the most important thing is it's time for chuck todd. >> now. >>> the surviving boston bombing suspect starts to answer investigators' questions. legal experts and lawmakers debate his rights. this morning we're talk to the top lawyer at the acclu. congressman peter king who says the suspect should be treated like an enemy combatant. >>> back in washington senator marco rubio tries to steer his party to an immigration deal. some veteran republicans raise new questions and an up and comer could end up being a roadblock the size of texas. >>> in the wake
to the economy championed by republicans. call it an obsession with the deficit or demand for austerity that's been coming from all quarters of the republican party since 2008. >> we can't continue to spend money we don't have. >> we can't just keep spending money we don't have. >> it's time to cut spending. >> unfortunately, the facts do not support their thesis. there is now a chorus of commentators, businessowners and corporate titans, who all accept that taking chunks out of an already melancholic economy will do nothing but sustain the misery. an individual who runs the world's largest bond fund said this in an interview. "the uk and almost all of europe have erred in terms of believing austerity, fiscal austerity in the short term is the way to produce real growth. it is not. you've got to spend money." yet, despite this expert opinion, the republican party led by chairman reince priebus launched a twitter campaign yesterday attempting to blame the president for a policy that they, themselves, absolutely adore. it was pegged to the increasing impact of sequestration on domestic air tra
among manufacturers with the flash pmi an early indicator of how the economy is doing in china. this is the way things looked by the end of the session. mostly good news with most of the markets regaining some losses that we saw from last week. >> we'll take the good news, thank you. >>> still ahead on this special edition of "cnn newsroom" s solidarity in sport. a live report coming up. >>> welcome back. you're watching a special edition of "cnn newsroom" as we continue to cover the aftermath of the boston bombings. while the investigation continues, people are pausing to remember the victims of the attack. outside a funeral home in the boston suburb of medford, hundreds lined up to pay respects to krystle campbell. she was one of three people killed in the marathon a private funeral will be held in the hours to come. and on sunday family members gathered at a church in the dorchester neighborhood to mourn the third victim, 8-year-old martin richard. on saturday, police remembered another victim of last week, officer sean collier who was shot by the tsarnaev brothers on thursd
ago showing that the economy is slowing to 7.7% gdp. the u.s. dollar fell after the weaker than expected pmi reading came out. the nikkei fell by 1/3% but this is from profit taking. the yen strengthened today as the dollar fell and one japanese stock we are tracking are the maker of the dreamliner battery it was down 3/4% by the close. we will be watching the move of the took now that boeing says that the repairs are being made on the battery. the index that went against the grain is the share market in sydney which is up 1%. normally sydney would have reacted to the china data but a dividend announcement drove the share market higher today. >> appreciate it. thank you. >>> the english football association is charging liverpool striker luis suarez with violent conduct. >> despite the indicate liverpool is not sacking scar was but he is facing a suspension. >> suarez has apologized for what he has called his inexcusable behavior. is money well spent. angie's list -- reviews you can trust. u >>> welcome back, everyone, federal investigators have officially returned boston's bombi
and they say he seemed relaxed. >>> bombing and subsequent manhunt has taken a hit on boston's economy. the city and surrounding communities that were shut down by law enforcement as they searched for bombing suspects and tried to keep the public safe. from a canceled game at fenway park to closure of umass campus to the sus specific of the transit service, the area is likely to suffer hundreds of million of dollars in economic losses. >> the two individuals held the whole city hostage for five days. they should not do that. that's where the terrorist events want to do, hold the city hostage. stop the economy of the city. >> economists and boston strong are convinced the city will bounce back. i can't take credit but what a great idea to visit boston and spend money there and thank the people for how strong they are. surprise guest at fenway park and rallying call for a red sox player encouraging boston to be brave and be one. ♪ ♪ >> ♪ sweet caroline ♪ good times never seem so good ♪ >> shannon: yesterday was the boston red sox home game and made spec
border, more subdued republican party and a slower economy. >> this is not such a simple issue. it's not an issue of 3wu8ding the wallbuilding a wall, kicking people out. this affects our economy, our schools. >> they had to return to their home country before applying for a green card, not so today. the previous bill required operate rational control of the border before legalization. now the border patrol must only meet security benchmarks over five years. >> previously 200,000 guest workers coul could stay for two years before going home. the new bill gives 575,000 low skill workers, their spouse and children a six-year visa and a path to citizenship. they were required to use a database to verify status. the new bill gives them up to five more years to comply. >> i don't think the controversy has gone away. of it is simply at a low simmer. it can come to a boil when the illegals come back and the problems return. >> this new bill moves to a more skill-based immigration policy expanding legal immigration. democrats to have accept a longer wait up to 13 years, more border enforce
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of a drag on the economy registering in financial markets. >> i agree. what i think is interesting. the result that the market exhibited. days on end. emotionally. an underlying message. today despite some real big names getting hammered, so far i would have to say it's probably remarkable. connell: you remain very optimistic. >> i do remain very optimistic. i am more concerned about europe and i am america. slowing down. i called through earnings reports, and the main problem continues to be europe. ibm. make no mistake, we are on thin ice. we certainly cannot make -- have any more hiccups in this economy connell: let's talk a little bit. thanks for checking in. we lost the satellite shot, so we continue the live press briefing, what you're seeing an the other side of your screen is set to get under way at any moment. once it starts it will include the police commissioner. we will bring it to you live to see if they have any new developments from watertown. you mentioned being impressed by the market's. other times we would be focused much more. talking about an all-day. once we g
immigration can affect the u.s. economy. a hearing on friday. then on monday a second hearing. after that we have to see how the process unfolds. especially republicans on the judiciary committee are calling for more than the currently scheduled hearings. probably sometime in early may we will move to the markup process which is where the senators on the judiciary committee can begin offering amendments and releasing how they want to continue to shape the bill. we hope it gets passed out of committee and go to the senate floor. host: rebekah kaplan of the national journal. wilmington, north carolina, kathleen is on our democrat line. is roberta our guest aplan.rebecca caller: my biggest fear is that our country is in a state of fear. thing wehe worst could ever have as americans. we have based our country from the beginning of a great work ethic. there are so many things we could do instead of being frightened every time something happens. domestically, foreman, and immigration. we have a statue of liberty that does welcome everybody. i believe that we should give some amnesty, because of am
we come bac including business news and a soccer mom pushing $1,000 strollers even in this economy. bloomberg business report is ahead. >> we follow the breaking news from boston involving the marathon bombing and the suspects. there are minute-by-minute developments in the search. [ male announcer ] now we can all be at the corner of "just another prescription" and "sweet, something just for me." because walgreens balance rewards is more than a savings card. it's a rewards card that gives you 500 rewards points every time you fill a prescription. points you can redeem in store or online for, well, almost anything. rack up points with each prescription you fill, right here. at the corner of happy and healthy. [ female announcer ] some prescriptions not eligible to earn points. restrictions apply. see website for details. christopher columbus sailed the ocean blue... in 14 hundred 92. nice! follow me. the missouri river is this way! lewis and clark expedition of 1804. oh, he'll never get this. magellan, 1520. awww my 8 layers must've given it away. [ female announcer ] big days call
a billion dollars a day. it's a big economy. the ninth largest in the economy. on friday everything stopped. businesses closed. public transit shut down. 16 of the areas 35 colleges canceled classes. most taxis were off the road. shopping centers were shut. and, and people, you know, may have worked from home. maybe they took the day off. but others could have been busier. thousands of law enforcement officials, hospital workers, hotel employees, they've worked overtime. some dunkin' donuts franchises stayed open reportedly at the request of first responders. there are insurance claims businesses can file for terrorism related losses if it's covered under the policy. but it's going to be difficult for a lot of small businesses to get back all that revenue and meet payroll. so for some businesses, they are really feeling the pain of last week. for others, though, it was a very, very busy, busy week. it just depends on where you are in the spectrum of business in boston. >> terrorism related losses. >> that's right. >> remarkable, isn't it? what's the one thing we need to know about our money
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